ANNOUNCED AS TEMPORARYNo
On 26 October 2015, the Brazilian Foreign Trade Council (Camex) issued Resolution no. 100 decreasing the import tariff on 15 tariff codes related to goods from the IT and telecommunications sector to 2%. The measure took effect on 27 October 2015 lasts until 30 June 2017.
The tariffs were reduced under Brazil's ex-tarifário regime which allows for a temporary customs duty exception to the Mercosur Common External Tariff on capital and IT goods. Such an exception can be invoked in case the good in question has no domestically produced equivalent. The goal of this is to restructure Brazil's industrial park and infrastructure services (see WTO Trade Policy Review).
The measure was introduced simultaneously with Camex Resolution no. 101 which reduces the tariff on capital goods (see measure no. 10286 under Related Measures). According to Camex, both measures produce 138 ex-tarifários and are related to global investments worth USD 1.4 billion.
Sectors and countries of origin
The main affected sectors are petrochemistry (42.07%), automotive industry (31.93%), pharmaceuticals/chemistry (10.82%), nutrition (4.93), mining (1.62%), capital goods (1.60%), agri-business (1.38%), and graphic design (1.33%).
The products' main countries of origin are the USA (29.88%), Austria (12.7%); Italy (10.1%), Germany (8.07%), China (6.76%), Israel (6.75%), Japan (5.12%), and South Korea (3.7%).
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